NEWARK, N.J., Sept. 9 /PRNewswire/ -- Public Service Enterprise
Group (NYSE: PEG) was today named for the first time to the Dow
Jones Sustainability World Index. The world index is limited to the
top 10 percent of sustainability performers among the corporations
included in the Dow Jones Global Total Stock Market Index (DJGTSM).
PSEG was also included in the Dow Jones Sustainability North
America Index for the third time.
The Dow Jones Sustainability Index (DJSI) tracks the financial
performance of the leading sustainability-driven companies
worldwide. The DJSI selects leading companies for investment
purposes, based on the quality of a company's strategy, management
and its performance in dealing with opportunities and risks
deriving from economic, environmental and social developments. The
results are watched by market participants and are used by asset
managers in 16 countries to manage a variety of
sustainability-driven portfolios, such as mutual funds.
"PSEG recognizes that today's social contract goes beyond what
has historically been defined as 'corporate responsibility'," said
Anne Hoskins, PSEG senior vice
president of public affairs and sustainability. "Social,
environmental and economic issues all impact our company's
strategic investments and execution efforts. We are committed to
leading our corporation and the communities in which we serve to a
sustainable future."
PSEG was among five U.S. electric companies to make the
exclusive international list.
Building on its long standing leadership in environmental
reporting and transparency, PSEG released its 2010 Sustainability
Report earlier this year. The report highlights PSEG's commitment
to social, economic and environmental responsibility, underscores
accomplishments in the sustainability arena, and outlines the
challenges the company faces in its quest to be a leader in
providing safe, reliable, economic and green energy. The
report is available online at www.pseg.com/sustainability.
Public Service Enterprise Group (PSEG) (NYSE: PEG) is a
publicly traded diversified energy company with annual revenues of
more than $13 billion, and three
principal subsidiaries: PSEG Power, Public Service Electric and Gas
Company (PSE&G) and PSEG Energy Holdings.
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SOURCE Public Service Enterprise Group (PSEG)
Copyright t. 9 PR Newswire